Tariff backfire? CEO of American Aluminum (AA.US): bears annual 8.5 billion tariff costs, aluminum prices soaring significantly, "strangling" demand.

According to the Zhitong Financial APP, Bill Oplinger, the CEO of the largest aluminum producer in the United States, Alcoa Corporation (AA.US), issued a warning during an interview on Monday: import tariffs will suffocate the demand for aluminum in the United States, directly contradicting the Trump administration's claim that "tariffs will revive domestic industries."